ResultsFinancial Express
Quick commerce share rose to 16% in festive sales
Positive+52
GreyOak summary
Quick commerce captured 16% of online festive sales, up from 12% last year, with GMV growing 60% to Rs 22,528 crore. This shift occurred as shoppers moved spending to smaller categories like groceries and gifting rather than big-ticket items.
What it affects
- Consumer ServicesPositive +52
Quick commerce share rose to 16%Rolling sentiment Positive +31
